10188 Westridge Dr, Odessa, TX 79764
This exceptional investment opportunity in Odessa, Texas, presents a thriving mobile home park spanning 2.5 acres. The property boasts eight mobile homes, six of which are newer model Solitaire homes, ensuring consistent occupancy and modern living standards for tenants. Currently generating a substantial monthly rental income of nearly $14,000, this property offers significant potential for increased earnings. The inclusion of one vacant lot allows for expansion, with the possibility of adding a ninth mobile home to further boost revenue. Each mobile home is equipped with its own individual water and electric meter, simplifying utility management and billing. The 2,624 square foot total building area is spread across the eight units, providing ample living space for residents. This turnkey operation is ideal for investors seeking a high-yield, low-maintenance property with immediate cash flow and significant upside potential in a growing Texas market. The existing infrastructure and high occupancy rates minimize operational challenges, making this a truly attractive investment opportunity. The property's location in Odessa provides easy access to local amenities and services, further enhancing its appeal to tenants. This is a rare chance to acquire a well-established and profitable mobile home park with room for expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.